Samco Gold Completes First Phase Drill Program of El Dorado Monserrat Project

Samco Gold Limited (TSXV:SGA) announced the completion of its first phase drill program of its principal El Dorado Monserrat project. The company completed 64 diamond drill holes and assayed for a total of 10,640m, and confirmed the Inés Vein as a high priority target.

As quoted in the Press Release:

• 23 of the 38 holes completed since the last announcement are in the Inés structure, including:
• 4.0m at 9.5g/t Au and 65g/t Ag from 106m (MVDDH0062) and 3.5m at 8.2 g/t Au and 82g/t Ag from 73m (MVDDH0041).

Chief Executive of Samco Gold, Paul Richardson, commented:

The results of our first stage program on the Main Veins target are very encouraging and we have some exciting targets to follow up, particularly at Inés. Dave Coller’s work has been very helpful in identifying key structural themes which underlie our strategy for future phases of drilling on this important target.

Click here to view the full Press Release